18, BULRUSH CLOSE, BRAINTREE, CM7 1WA - £352,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

18 BULRUSH CLOSE is a small detached house of 93m², built sometime between 1996 and 2002, which could now be worth an estimated £414,844. It was last sold for £352,500 in May 2020, which was around 28% below the average May 2020 detached price in the Braintree local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was D.

18 BULRUSH CLOSE Sold Prices

Land registry data shows three sales for 18 BULRUSH CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. All of the three 18 BULRUSH CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 12 MAY	£352,500	£490,734	28% below HPI
2009 31 MAR	£235,000	£282,443	17% below HPI
2000 20 OCT	£144,900	£162,608	11% below HPI

18 BULRUSH CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Braintree local authority area over time, sourced from the HPI. The three 18 BULRUSH CLOSE sales between October 2000 and May 2020 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the March 2009 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the May 2020 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 18 BULRUSH CLOSE be worth now?

18 BULRUSH CLOSE might now be worth an estimated £414,844.

This is based on house price inflation of 17.7%, between May 2020 and February 2025, for detached houses, in the Braintree local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17.7% inflationary increase is applied to the most recent sale price for 18 BULRUSH CLOSE of £352,500 on 12th May 2020. For the value to have increased from £352,500 to £414,844 over the five years and three months to February 2025, the following assumptions must hold true:

• The value of 18 BULRUSH CLOSE has moved in line with the HPI for detached houses in the Braintree local authority area.
• The May 2020 sale price of £352,500 represented a fair market value for the property.
• The size, condition, and specification of 18 BULRUSH CLOSE has not materially changed since May 2020.

How Large is 18 BULRUSH CLOSE?

18 BULRUSH CLOSE is 93m² according to the EPC inspection conducted in July 2011. This puts it in the smallest 30% of detached houses houses in Braintree, based on EPC data. The below chart shows the distribution of detached houses houses by size in Braintree, and where 18 BULRUSH CLOSE lies on this distribution: 29% of detached houses houses are smaller than 18 BULRUSH CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Braintree.

18 BULRUSH CLOSE: Plot and Title Map

18 BULRUSH CLOSE sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 18 BULRUSH CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 18 BULRUSH CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 18 BULRUSH CLOSE?

18 BULRUSH CLOSE is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 18 on BULRUSH CLOSE.